Precious Metal Peaks Gold Surpasses $2,140, Marking Historic Price High

As bitcoin climbed beyond its previous 2021 peak, the value of an ounce of pure gold similarly hit a lifetime high on March 5. The globally acknowledged safe haven asset soared to $2,140 per ounce on Tuesday, marking a 4.97% increase against the U.S. dollar over the preceding week. Price of Gold Climbs to Unprecedented [...]

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Gold Prices Poised to Skyrocket as Expert Predicts Fourfold Increase in Demand

Although gold has been trading below the $2K range since May 16, 2023, Rick Rule, the founder of Rule Investment Media, is confident that the struggling U.S. economy will cause demand for precious metals like gold to skyrocket. In an interview published on May 18, Rule emphasized that people’s anxiety about the purchasing power of [...]

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UBS Offers 3 Reasons to ‘Buy Gold Now’ — Forecasts All-Time High This Year

Global investment bank UBS has provided three reasons for investors to “buy gold now.” Expecting gold to break its all-time high later this year, the Switzerland-based investment banking giant has retained its “most-preferred rating” on gold. UBS Sees 3 Key Reasons to Buy Gold Now UBS, a global investment bank based in Switzerland, has presented [...]

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PAX Gold Price Confirms A Bullish Pattern With 6% More Gains For PAXG

PAX Gold price shattered a key barrier on December 27, confirming a highly bullish technical setup. The price then rose approximately 9% to highs of [...]

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Pax Gold Price Prediction: PAXG Bulls Seek A Return To $1,800

The FTX contagion continues to wreak havoc in a crypto market that has been trapped in a downtrend for most part of 2022, with tokens [...]

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Fed Pauses Interest Rates After 10 Consecutive Hikes; Committee Likely to Raise Rates ‘Somewhat Further’ This Year

In accordance with market predictions, the U.S. Federal Reserve decided to halt its rate hike this month after ten consecutive hikes since last year. The members of the Federal Open Market Committee (FOMC) asserted that the U.S. banking system is still “sound and resilient,” and the committee continues to closely monitor inflation risks. Federal Reserve [...]

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4 alarming charts for Bitcoin bulls as $27K becomes formidable hurdle

The price of Bitcoin can fall to $15,000 in 2023 if its strengthening correlation with certain macro charts is any indication.

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STKD launches Bitcoin and gold ETF as debasement trade gains traction

The fund touts leveraged exposure to Bitcoin and gold as investors brace for inflation and geopolitical strife. 

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US Inflation Climbs to 3.2% in July, Stoking Concerns and Dividing Market Opinions

The most recent data from the Bureau of Labor Statistics reveals a growingly intricate inflationary scenario for the U.S. economy. Disclosed on Thursday, the Consumer Price Index for All Urban Consumers (CPI-U) exhibited a 3.2% annual increase in July, primarily propelled by housing expenses. This monthly surge aligns with June’s 0.2% escalation, where food costs [...]

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